All these start ups will be bought out by Google, Apple and Microsoft...

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Mar 11, 2023
10:57:42pm

jrifkin48 Troublemaker

...in a few years if and when they hit. Let the tech oligarchs bail them out. It's part of their investment anyways.

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jrifkin48

Bio page: jrifkin48
Joined: May 7, 2011
Last login: Apr 25, 2024
Total posts: 28,192 (1,309 FO)

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Messages

Author

Time

Forgive my ignorance, but what are the repercussions of the SVB collapse?

reppintheY14

3/11/23 10:34pm

Causing paranoia. People running on the banks, withdrawing capital.

ABN RGR

3/11/23 10:40pm

Go watch It's a Wonderful Life.

ochobeeguy

3/11/23 10:42pm

The heart of venture capital in the US losing hundreds of billions and losing any appetite to invest in the industry

YIsForBrigham

3/11/23 10:43pm

Much, much more than just that!!

ABN RGR

3/11/23 10:47pm

All these start ups will be bought out by Google, Apple and Microsoft...

jrifkin48

3/11/23 10:57pm

They'll be insolvent this month.

dYrtbYkerYder

3/12/23 1:40am

Not sure about losing appetite to invest

HRCougar

3/11/23 11:00pm

No one knows yet, except that FDIC deposits up to $250K to be made whole Monday.

roseyscenario

3/12/23 10:37am

So each bank is getting enough to cover $250k for each account?

reppintheY14

3/12/23 1:28pm

Just in. Treasury to bailout all depositors as Signature Bank closed.

roseyscenario

3/12/23 4:34pm

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